RITES Q2 results: Profit falls 23% to Rs 101 crore; stock slips 2%
RITES Q2 results: The consolidated net profit declined to Rs 101 crore in the September 2023 quarter as against Rs 132 crore in the year-ago period.
Source: businesstoday.in
Stay updated with breaking news from Rites Ltd On. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
RITES Q2 results: The consolidated net profit declined to Rs 101 crore in the September 2023 quarter as against Rs 132 crore in the year-ago period.
RITES share price: RITES' stock today slipped 3.92 per cent to settle at Rs 477.80. It has declined 6.28 per cent from its 52-week high of Rs 509.80, touched in the previous session. Although, the scrip has gained 90.89 per cent from its one-year low price of Rs 250.30, a level seen on July 27 last year.